2018 Incline Village Market Report

490 TERESA COURT LISTED BY KAREN BRUNO

2018 Incline Village Market Report 907 TAHOE BLVD. #20B INCLINE VILLAGE | OLIVERLUX.COM | 775.831.8400

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EXCEPTIONAL PROPERTIES. EXTRAORDINARY LIVING. Oliver Luxury Real Estate is a boutique real estate firm specializing in luxury properties. We connect extraordinary people with some of the finest homes in the world by using our extensive knowledge, powerful global affiliate network, and sincere approach to give them the insider treatment they deserve.

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Incline Village

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11

12

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1

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1 Crystal Bay

6 The Woods

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Ski Way

2 Ponderosa

7 Jennifer

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Championship Golf Course

3 Lower Tyner

8 Executive Golf Course

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Central

4 Upper Tyner

9 Apollo

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Millcreek

5 Lakeview Subdivision

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Eastern Slope

Incline Village Neighborhoods

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Lakefront: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$9,300,000

$5,710,000

-39%

Average Sold Price

$12,715,833

$12,694,286

-.002%

Average Days on Market

766

305

-60%

Highest Sold Price

$31,100,000

$36,500,000

17%

Lowest Sold Price

$3,150,000

$4,900,000

56%

% Sold Price to Average List Price

93%

95%

2%

Total Dollar Volume Sold

$76,295,000

$88,860,000

16%

Total Properties Sold

6

7

17%

OLIVERLUX .COM 7 75.8 31.8400

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Lakefront: Condo

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,712,500

$1,750,000

2%

Average Sold Price

$1,996,571

$1,825,556

-9%

Average Days on Market

187

419

124%

Highest Sold Price

$3,900,000

$3,050,000

-22%

Lowest Sold Price

$900,000

$1,020,000

13%

% Sold Price to Average List Price

95%

94%

-1%

Total Dollar Volume Sold

$27,952,000

$16,430,000

-41%

Total Properties Sold

14

9

-78%

OLIVERLUX .COM 7 75.8 31.8400

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Non-Lakefront: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,049,000

$1,220,000

16%

Average Sold Price

$1,331,142

$1,452,595

9%

Average Days on Market

228

224

-2%

Highest Sold Price

$5,940,000

$4,900,000

-18%

Lowest Sold Price

$316,000

$300,000

-5%

% Sold Price to Average List Price

96%

96%

0%

Total Dollar Volume Sold

$292,851,174

$342,812,402

17%

Total Properties Sold

220

236

7%

OLIVERLUX .COM 7 75.8 31.8400

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Non-Lakefront: Condo

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$435,000

$540,000

24%

Average Sold Price

$464,946

$559,358

20%

Average Days on Market

149

123

-17%

Highest Sold Price

$1,300,000

$2,500,000

92%

Lowest Sold Price

$150,000

$165,000

92%

% Sold Price to Average List Price

97%

98%

1%

Total Dollar Volume Sold

$91,129,406

$101,243,786

11%

Total Properties Sold

196

181

-8%

OLIVERLUX .COM 7 75.8 31.8400

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Crystal Bay: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,153,750

$1,500,000

30%

Average Sold Price

$1,640,156

$3,607,569

120%

Average Days on Market

281

230

-18%

Highest Sold Price

$7,000,000

$17,500,000

150%

Lowest Sold Price

$573,500

$839,000

46%

% Sold Price to Average List Price

97%

98%

1%

Total Dollar Volume Sold

$19,321,872

$46,898,400

143%

Total Properties Sold

12

13

8%

OLIVERLUX .COM 7 75.8 31.8400

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Ponderosa: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,225,000

$1,585,000

29%

Average Sold Price

$1,426,000

$1,521,607

7%

Average Days on Market

306

307

.003%

Highest Sold Price

$3,430,000

$2,325,000

-32%

Lowest Sold Price

$675,000

$585,000

-13%

% Sold Price to Average List Price

95%

94%

-1%

Total Dollar Volume Sold

$32,798,000

$21,302,500

-35%

Total Properties Sold

23

14

-39%

OLIVERLUX .COM 7 75.8 31.8400

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Lower Tyner: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$982,500

$1,218,250

24%

Average Sold Price

$1,099,933

$1,422,919

29%

Average Days on Market

315

241

-23%

Highest Sold Price

$2,010,000

$3,525,000

75%

Lowest Sold Price

$549,000

$585,000

7%

% Sold Price to Average List Price

95%

95%

0%

Total Dollar Volume Sold

$24,198,525

$42,687,570

76%

Total Properties Sold

22

30

36%

OLIVERLUX .COM 7 75.8 31.8400

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Upper Tyner: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$999,800

$905,000

-9%

Average Sold Price

$1,433,891

$1,135,692

-21%

Average Days on Market

192

305

59%

Highest Sold Price

$3,550,000

$2,510,000

-29%

Lowest Sold Price

$510,000

$466,000

-9%

% Sold Price to Average List Price

97%

97%

0%

Total Dollar Volume Sold

$15,882,800

$14,764,000

-7%

Total Properties Sold

11

13

18%

OLIVERLUX .COM 7 75.8 31.8400

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Lakeview Subdivision: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$2,350,000

$1,656,725

-30%

Average Sold Price

$2,504,733

$2,071,497

-17%

Average Days on Market

312

213

-32%

Highest Sold Price

$4,250,000

$4,400,000

4%

Lowest Sold Price

$848,000

$925,000

9%

% Sold Price to Average List Price

95%

95%

0%

Total Dollar Volume Sold

$37,571,000

$33,143,950

-12%

Total Properties Sold

15

16

7%

OLIVERLUX .COM 7 75.8 31.8400

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The Woods: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$700,000

$1,045,000

49%

Average Sold Price

$802,857

$1,117,933

39%

Average Days on Market

177

141

-20%

Highest Sold Price

$2,730,000

$1,850,000

-32%

Lowest Sold Price

$353,000

$470,000

33%

% Sold Price to Average List Price

96%

97%

1%

Total Dollar Volume Sold

$16,860,000

$16,769,000

-1%

Total Properties Sold

21

15

-29%

OLIVERLUX .COM 7 75.8 31.8400

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Jennifer: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$722,500

$810,000

12%

Average Sold Price

$783,564

$997,609

27%

Average Days on Market

177

151

-15%

Highest Sold Price

$1,165,000

$2,250,000

93%

Lowest Sold Price

$455,000

$592,500

30%

% Sold Price to Average List Price

96%

97%

1%

Total Dollar Volume Sold

$12,537,027

$16,959,350

35%

Total Properties Sold

16

17

6%

OLIVERLUX .COM 7 75.8 31.8400

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Apollo: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,126,500

$1,262,500

12%

Average Sold Price

$1,132,750

$1,364,500

20%

Average Days on Market

441

263

-40%

Highest Sold Price

$1,700,000

$1,896,000

12%

Lowest Sold Price

$578,000

$695,000

20%

% Sold Price to Average List Price

96%

97%

1%

Total Dollar Volume Sold

$4,531,000

$10,916,000

141%

Total Properties Sold

4

8

100%

OLIVERLUX .COM 7 75.8 31.8400

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Eastern Slope: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,430,000

$1,750,000

22%

Average Sold Price

$2,014,459

$1,900,813

-6%

Average Days on Market

282

281

-1%

Highest Sold Price

$5,940,000

$3,870,000

-35%

Lowest Sold Price

$680,000

$600,000

-12%

% Sold Price to Average List Price

96%

94%

-2%

Total Dollar Volume Sold

$34,245,800

$30,413,000

-11%

Total Properties Sold

17

16

-6%

OLIVERLUX .COM 7 75.8 31.8400

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Ski Way: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$522,500

$787,000

51%

Average Sold Price

$673,375

$808,520

20%

Average Days on Market

282

190

-33%

Highest Sold Price

$5,940,000

$1,550,000

-74%

Lowest Sold Price

$430,000

$417,000

-3%

% Sold Price to Average List Price

96%

98%

2%

Total Dollar Volume Sold

$5,403,000

$20,213,000

274%

Total Properties Sold

8

25

213%

OLIVERLUX .COM 7 75.8 31.8400

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Central: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,095,000

$1,162,500

6%

Average Sold Price

$967,615

$1,077,950

11%

Average Days on Market

162

165

2%

Highest Sold Price

$1,400,000

$1,387,500

-1%

Lowest Sold Price

$365,000

$300,000

-18%

% Sold Price to Average List Price

97%

99%

2%

Total Dollar Volume Sold

$12,579,000

$10,779,500

-14%

Total Properties Sold

13

10

-23%

OLIVERLUX .COM 7 75.8 31.8400

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Executive Golf Course: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,300,000

$1,562,000

20%

Average Sold Price

$1,259,346

$1,431,313

14%

Average Days on Market

194

344

77%

Highest Sold Price

$1,847,500

$2,400,000

30%

Lowest Sold Price

$316,000

$629,000

99%

% Sold Price to Average List Price

97%

98%

1%

Total Dollar Volume Sold

$16,371,500

$25,763,632

57%

Total Properties Sold

13

18

38%

OLIVERLUX .COM 7 75.8 31.8400

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Championship Golf Course: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$930,000

$1,300,000

40%

Average Sold Price

$1,245,971

$1,468,087

18%

Average Days on Market

204

203

-1%

Highest Sold Price

$4,150,000

$3,800,000

-8%

Lowest Sold Price

$385,000

$399,000

4%

% Sold Price to Average List Price

96%

96%

0%

Total Dollar Volume Sold

$26,165,400

$33,766,000

29%

Total Properties Sold

21

23

10%

OLIVERLUX .COM 7 75.8 31.8400

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Millcreek: Single Family

INCLINE VILLAGE NEVADA

2017

2018

CHANGE

Median Price

$1,090,000

$1,797,500

65%

Average Sold Price

$1,694,531

$2,381,659

41%

Average Days on Market

163

193

18%

Highest Sold Price

$5,750,000

$4,900,000

-15%

Lowest Sold Price

$663,000

$920,000

39%

% Sold Price to Average List Price

95%

97%

2%

Total Dollar Volume Sold

$40,688,750

$52,396,500

29%

Total Properties Sold

24

22

-8%

OLIVERLUX .COM 7 75.8 31.8400

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907 TAHOE BLVD. #20B INCLINE VILLAGE | OLIVERLUX.COM | 775.831.8400

INCLINE VILLAGE | TAHOE CITY | HOMEWOOD | ZEPHYR COVE | TRUCKEE | RENO

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